Al Held Foundation Inc
- Assets
- $11.0m
- Revenue
- $326.6k
- Investments
- $4.3m
- Employees
- 0
- Location
- Boiceville, NY
- Founding
- 02/1991
- Data as of
- 12/2022
- EIN
- 13-3596614
Organization Overview
Al Held Foundation Inc is located in Boiceville, NY. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AL Held Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, AL Held Foundation Inc generated $326.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, AL Held Foundation Inc has awarded 37 individual grants totaling $1,338,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATALOGUING AND MAINTAINING THE AL HELD ART COLLECTION AND ORGANIZING, EXPANDING, AND REFINING THE HELD ARCHIVE AND RESEARCH MATERIALS FOR PUBLIC AND SCHOLARLY RESEARCH AND EXHIBITION.
WITH ASSISTANCE AND LOANS FROM THE FOUNDATION'S ART COLLECTION THE FOUNDATION PARTICIPATED IN THE FOLLOWING GROUP AND SOLO EXHIBITIONS DURING 2022:AL HELD, CITY, WHITE CUBE ASPEN OFF-SITE PROJECT, WEST PALM BEACH FL, JANUARY 2022.AL HELD, OFF SITE PROJECT, WEST PALM BEACH, FL, JANUARY TO FEBRUARY 2021.AL HELD, COLOR: A SPRING EXHIBITION, CROWN POINT PRESS, SAN FRANCISCO, MARCH TO APRIL 2022.AL HELD, 8TH BIENNIAL OF PAINTING, MUSEUM VAN DEINZE EN DE LEIESTREEK, DEINZE BELGIUM, JUNE TO OCTOBER 2022.
> THE FOLLOWING IS A LISTING OF THE ON-SITE EDUCATIONAL PROGRAMS HELD DURING 2022:RIVER VALLEY ARTS COLLECTIVE: IRJA BODEN, MOKO FUKUYAMA, JENNIFER ZACKIN, OUTDOOR SCULPTURE INSTALLATIONS JUNE 5 TO OCTOBER 16, 2022WATERCOLORS EXHIBIT OF AL HELD'S WATERCOLORS IN THE PAINTING STUDIO, SUMMER 2022RIVER VALLEY ARTS COLLECTIVE: ANDREW LYGHT, IN THE DRAWING STUDIO JUNE TO JULY 2022RIVER VALLEY ARTS COLLECTIVE: IRJA BODEN, IN THE DRAWING STUDIO, AUGUST TO OCTOBER 2022AHF COLLECTION: TWO LATE PAINTINGS, IN THE PAINTING STUDIO, FALL 2022
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mara Held President/director | 40 | $147,123 | |
Michael Hecht Treasurer/vice President/director | 1 | $0 | |
Richard Armstrong Secretary/vice President/director | 1 | $5,000 | |
William Conlon Vice President/director | 1 | $5,000 | |
Peter Stevens Chairperson/director | 1 | $5,000 | |
Gabriel Held-Jakubowicz Vice President/director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,125 |
| Dividends & Interest | $80,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $243,180 |
| Capital Gain Net Income | $243,180 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,204 |
| Total Revenue | $326,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $177,123 |
| Other employee salaries and wages | $476,489 |
| Pension plans, employee benefits | $49,776 |
| Interest | $0 |
| Taxes | $69,809 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,119 |
| Printing and publications | $0 |
| Other expenses | $208,801 |
| Total operating and administrative expenses | $1,005,996 |
| Contributions, gifts, grants paid | $99,000 |
| Total expenses and disbursements | $1,104,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,382 |
| Savings and temporary cash investments | $214,988 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $933,177 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,583,106 |
| Total assets | $11,031,200 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Al Held Foundation Inc has awarded $99,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AAMC FOUNDATION PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $10,000 |
BOICEVILLE'S RESERVOIR FOOD PANTRY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
BROOKLYN RAIL INC PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
NXTHVN PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
RIVER VALLEY ARTS COLLECTIVE INC PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $40,000 |
STEVEN MYRON HALL FOUNDATION INC PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $2,000 |